The new realist ontology: Metatheoretical foundation for research of modern finance?

Flögel Franz
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Flögel Franz: Gelsenkirchen

ZFW – Advances in Economic Geography, 2015, vol. 59, issue 4, 230-242

Abstract: Financial geographers utilise realist economic and rather anti-realist sociologic theories. Yet, theories from both traditions seem to contradict each other metatheoretically. The new realist ontology promises to settle this metatheoretical contradiction by preserving the realist claim on trueness with the concept of fields of sense without rejecting the plurality of human perspectives. This paper exemplarily demonstrates that realist and rather anti-realist theories accord with the new realist ontology. Further, using an empirical example of bank-based small-firm lending it illustrates that the combined use of theories from both traditions advances our understanding of modern finance.

Keywords: new realist ontology; financial geography; banking and small-firm finance; performativity of economics; new realist ontology; financial geography; banking and small-firm finance; performativity of economics (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:zfwige:v:59:y:2015:i:4:p:230-242:n:3

DOI: 10.1515/zfw-2015-0403

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